‘One Powerful Bill’ To Address Expiring Tax Provisions and More
Republicans are eager to start delivering on President-elect Donald Trump’s campaign promises via reconciliation — a fast-track option available when …
Republicans are eager to start delivering on President-elect Donald Trump’s campaign promises via reconciliation — a fast-track option available when …
An unpopular provision of the 2017 tax reform bill that disallows immediate expensing of research and development costs has created …
In separate enforcement actions, the US Public Company Accounting Oversight Board (PCAOB) on March 28, 2024, fined PricewaterhouseCoopers LLP in …
On the heels of President Biden’s State of the Union Address and a recent IRS announcement of a new enforcement …
The bipartisan tax package awaiting its fate in the Senate contains multiple retroactive provisions that would affect the current filing …
A large coalition of House Republicans called for year-end legislation addressing three business tax areas of the Code altered by …
This summer, certain employers may benefit from federal tax credits for employing qualified summer youth employees. The Work Opportunity Tax Credit (WOTC) …
By Shannon Christensen and Joseph Boris The 15% corporate alternative minimum tax in the recently signed Inflation Reduction Act of …
The IRS has received many recommendations ahead of the release of its regulatory to-do list through summer 2023. The agency …
The Security Summit—a partnership between the IRS, state tax agencies and the tax industry—has released a 29-page document titled “Creating …